Are you looking for a long-established and well-respected Acquirer who has a track record of completing over 40 acquisitions offering leading terms with full payout in 12 months?
Company
Our client is a highly profitable National Wealth Management Advisory Group with a healthy balance sheet. Employing advisers across multiple offices throughout the UK they provide local advice to clients.
The company have tried and tested experience of acquiring IFA firms where there is no intention of disturbing clients by leaving their investments on existing mandates and same charging structure during the deferred buyout period unless discounts can be offered from economies of scale. Another of their USPs is the ability for the seller to meet a selection of the most suitable financial adviser(s) to match individual clients needs in both complexity of advice and relationship alignment. This is carried out before a deal completes as part of your due diligence and the deal will only move forward when you are happy with your pairing of Financial Advisers.
Acquisition Deal Value
1. Multiples of 3-4x recurring income for smaller firms or 6-8x for EBITDA for larger firms
2. Full payout within 12 months. Typically, 50% upfront with the remaining 50% payable over 9 months between months 3 and 12.
Benefits:
- 12-month payout!
- Over 30 years established, and over 40 acquisitions the firm have a proven track record of retention of clients and can offer you past sellers to speak with for testimonials. For context, they have paid out fully on over 95% of those deals
- Client centric team built on integrity and expertise – providing you with comfort when in months and years to come you meet ex-clients, of which many will have become friends that these are being well looked after.
- Wealth Manager where deals are not contingent on moving investments to their in-house DFM which accounts for c25% of total funds under management
IFA Client Bank Criteria
- Average client size should have holdings of c£300k per household or active accumulators of wealth
- Ideally firms with an EBITDA of £500k+
Locations
- Nationwide opportunities (all locations considered)
Call us now on 0208 0044 154 or click Apply
Liability and Disclaimer
The information contained in our advert including any valuation calculations and percentage of up front and deferred payments are given in good faith and Premier Jobs UK Ltd uses all reasonable efforts to ensure that it is accurate; we give no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Premier Jobs UK Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.